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3778 N Gilpin Street
3778 N Gilpin Street
3778 N Gilpin Street
3778 N Gilpin Street
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$516,500

3778 N Gilpin Street

3 Beds 1 Bath 1,312 Sq.Ft. 6,240 Sq.Ft.

Description

Excellent investment opportunity and multiple exit strategies on this property. Zoned U-SU-A1 this zoning allows for a single family home to be built on a 25 wide lot. Lot dimensions on this one are 50x125. You can scrape the existing house and build two new single family homes with comps ranging from $950-1.2M depending on size and finishes. You can also keep the existing house and remodel and split lot and build 1 new single family residence or just remodel existing house. Recent comps have a house this size on half the lot size that closed remodeled for $650,000. Also has ADU zoning if you choose to add them. Perfect area for AirBNB once the homes are done. This is one of the last 50 wide lots in the cole/rino area and on one of the nicest blocks with easy access to downtown and everything river north has to offer. Property is being sold as is.

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Location

3778 N Gilpin Street, Denver, CO 80205

Status

Sold

Property Amenities

Interior
Total Bedrooms: 3
Full Bathrooms: 1
Area & Lot
Total area 1,312 Sq.Ft.
Lot Area 6,240 Sq.Ft.
Living area 1,312 Sq.Ft.
MLS® ID 6803834
Year Built 1896
School District Denver 1
High School Manual
Middle School Whittier E-8
Elementary School Harrington
Type Residential
Status Sold
Exterior
Stories 1
Air conditioning None
Heat type Forced Air
Water Source Public
Sewer Public Sewer
Lot Features Level
Roof Membrane
Finance
Sales Price $516,500
Real Estate Tax $1,704 yearly

Work With Natacha

Natacha became a real estate professional after practicing law for 19 years due to a love of all things real estate. That experience gives her the ability to carefully evaluate all of the details of a real estate transaction.